Stock Market & Investment News

NEW YORK: Global oil prices could climb further because of the Opec+ coalition’s “chronic” struggle to revive production, unless the group’s Middle Eastern heavyweights pump extra to compensate, according to the International Energy Agency (IEA). Read full story

NEW YORK/WASHINGTON: Global shares dropped on Friday on rising worries over escalating Ukraine-Russia tensions and the prospect of a tightened interest rate hike timeline from the U.S. Federal Reserve in response to decades-high inflation. Read full story

AS flexible working arrangements become more entrenched in today’s workplace, coworking space firms are seeing an opportunity for them to be the real estate solution provider for companies. Read full story

NEW YORK: Investors are bracing for more gyrations in bitcoin and other cryptocurrencies, as worries over a hawkish Federal Reserve threaten to squelch risk appetite across markets. Read full story

NEW YORK: Oil prices ended 3% higher on Friday at fresh seven-year highs as escalating fears of an invasion of Ukraine by Russia, a top energy producer, added to concerns over tight global crude supplies Read full story